News

Only way to rebuild the economy is the IMF – President

Published

7 months ago

February 21, 2023

editor

President Ranil Wickremesinghe has acknowledged that the International Monetary Fund (IMF) is the only institution that can support a struggling country like Sri Lanka, and therefore, if there are alternative proposals to the government’s program, he is willing to provide the opportunity to submit them to the IMF.

He also criticized political parties for playing games and lying to the people without presenting their proposals.

“There is only one way to rebuild this collapsed economy. That is the International Monetary Fund. Different political parties are presenting different stories. I suggested to them to let me know if there is another way to resurrect the collapsed economy,” he said.

The President said this during a meeting with businessmen and lawyers in the Kandy district.

He also noted that the government has completed 15 points assigned during the negotiations with the IMF.

“The government started negotiations with the International Monetary Fund last August. Accordingly, it was possible to agree on the staff level agreement in September. They assigned us fifteen tasks to complete. The International Monetary Fund gave us until December 31 to implement it. But we couldn’t do it on that particular day. Then we made plans to get time until January 31st. Even at that time, we were unable to complete those 15 points. Finally, the deadline was pushed back to February 15. By 06:00 pm on February 15th, we completed all that was expected of us and sent them to Washington.”

“Only one of these fifteen issues was being delayed. It is related to the increase in electricity tariffs. The Electricity Board incurs Rs.230 billion each year in losses. According to the International Monetary Fund, government taxes should not be used to support institutions. It was informed that if this occurs, the International Monetary Fund will not provide assistance. However, one person in this country opposed the decision to increase the electricity tariff.”

“As a result, receiving assistance from the International Fund was delayed by six weeks. Alternatively, we could have completed this by the end of January. All 15 tasks assigned to us have been completed. Now it is up to the International Monetary Fund.”

News

Civil Defence officer arrested over shooting of Perahera elephant

Published

5 hours ago

September 30, 2023

editor

A Civil Defence Department officer attached to the Mapakada Wewa Wildlife Regional Office has been arrested in connection with the shooting of a female elephant that had participated in the annual Randoli Perahera of Mahiyanganaya Rajamaha Viharaya.

Police spokesperson SSP Nihal Thalduwa said a statement is being recorded from the said officer.

The incident has taken place at around 3:30 a.m. this morning.

It was reported that following the procession, the female elephant had been tied to a tree on the banks of the Mahaweli River.

The mahout, who said he was having breakfast when the incident happened, accused the officer of shooting the elephant despite people telling him that ‘Sita’ was not a wild elephant.

The officer in question had shot ‘Sita’ after mistaking it for a wild elephant that had crossed the river.

The injured 48-year-old elephant was later treated by veterinary surgeons of the Wildlife Conservation Department.

In a statement, the Director General of the Wildlife Conservation Department, M.G.C. Sooriyabandara had clarified that one of the wildlife officers at the site had mistakenly fired rubber bullets at the female elephant ‘Sita’ while trying to scare off the wild elephants in the vicinity.

News

Landslide warnings extended

Published

18 hours ago

September 30, 2023

editor

The Department of Irrigation says that the water levels in the Kelani River and Attanagalu Oya are rising to levels that requires attention.

Director of the Hydrology and Disaster Management Division of the Irrigation Department S. P. C. Sugeeshwara says that the Gin, Nilwala and Kalu Ganga remain at the flood level.

Many roads in the vicinity of the rivers have been inundated.

S. P. C Sugeeshwara warns that people should refrain from further using the rivers.

The landslide warnings issued to seven districts have also been extended, due to the prevailing weather conditions.

The Met Department predicts that the heavy showers in the South West will continue.

Heavy showers of about 75 mm can be expected in some areas.

News

“SLPP Leadership can change if needed”

Published

20 hours ago

September 30, 2023

editor

Former President Mahinda Rajapaska yesterday said that there should be a change in the leadership of Sri Lanka Podujana Peramuna (SLPP), if the need arises.

When the former President was asked about the veracity of the news on social media about imminent change of the SLPP leadership, said that he is not aware of any change in the leadership.

The President was speaking to the media after calling on Mahanayake Thera of the Rammanya Maha Nikaya Most Ven. Makulewe Sri Wimala Thera at the Vidyawasa Pirivena in Meerigama yesterday.

Commenting on the impending regulations on social media, the former President said that there are pros and cons in the social media. “I don’t have any issue with the social media,” he said.

Former President Mahinda Rajapaksa also visited the Sacred Kelaniya Rajamaha Viharaya and participated in religious activities. The Former President also met Chief incumbent of the Kelaniya Rajamaha Viharaya Ven. Kollupitiye Mahinda Sangharakkitha Thera and received his blessings.

Speaking to the media on the occasion, the former President said that he is physically fit despite social media reports to the contrary.

(dailynews.lk)